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Hold Infosys, target of Rs 1880: Sharekhan

Posted on: July 13th 2009 in Brokerage Recommendations.

Sharekhan has maintained its hold rating on Infosys Technologies with a revised price target of Rs 1,880 in its report dated July 10, 2009. “For Q1FY2010, Infosys Technologies (Infosys)’ consolidated revenues declined by 2.9% sequentially to Rs 5,472 crore. In dollar terms, the r…

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Hold Marico, target of Rs 85: Sharekhan

Posted on: July 12th 2009 in Brokerage Recommendations.

Sharekhan has recommended a hold rating on Marico with a target price of Rs 85 in its July 9, 2009 report. “We remain bullish about Marico’s prospects. We maintain our earnings estimates but increase our price target for the stock to Rs 85, as we roll the target over based on our…

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Hold Jaiprakash Associates, target of Rs 237: Sharekhan

Posted on: June 18th 2009 in Brokerage Recommendations.

Sharekhan has maintained its hold rating on Jaiprakash Associates with a price target of Rs 237 in its report dated June 17, 2009. “JP Associates Ltd (JAL) recently reported its consolidated and standalone FY2009 numbers after the amalgamation of four of its subsidiaries with itsel…

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Hold HDFC, target of Rs 2517: Sharekhan

Posted on: June 11th 2009 in Brokerage Recommendations.

Sharekhan has recommended a hold rating on Housing Development Finance Corporation (HDFC) with a price target of Rs 2517 in its June 10, 2009 report. “HDFC has received an in-principle nod from its Board of Directors for a combined offering of secured redeemable non-convertible deb…

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Buy Sun Pharmaceutical, target of Rs 1498: Sharekhan

Posted on: June 8th 2009 in Brokerage Recommendations.

Sharekhan has maintianed its buy rating on Sun Pharmaceutical Industries with a target price of Rs 1498 in its June 04, 2009 research report. “Sun Pharma’s Q4FY2009 performance was ahead of our expectations primarily due to higher than expected growth in its domestic formulatio…

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